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SOC:Cash-strapped FA 'not reliant on' Socceroos Cup bailout

Football Australia isn't relying on a deep World Cup run from the Socceroos for a bailout from last year's record $15.3 million loss.

Undergoing an overhaul, FA has been forced to cut 20 per cent of its workforce after reporting an unprecedented loss at Thursday's annual meeting in Sydney.

It comes after football's national governing body reported a loss of $8.5 million in 2024.

While FA hasn't revealed the financial burden of participating in next month's FIFA World Cup in North America, costs have skyrocketed during the US-Israel war with Iran.

Should the Socceroos reach the round of 16, they will net FA $US15 million ($A21m) in prize money.

Reaching the quarter-finals will earn $US19 million ($A26.6m), while a group-stage finish will be awarded $US11 million ($A15.4m).

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